Rent to own Homes in Ennis, TX
Ennis is a growing town of just over 18,000 people, located southeast of Dallas. Ennis used to be the last stop on the railroad line and the town grew up as a railroad town in the early days of Texas. Ennis is proud of its Western heritage. In fact, Ennis still elects a Town Marshall every year, an outdated practice in the United States. Today, Ennis is considered the "Bluebonnet Capital of North Texas" and celebrates this distinction each year.
Ennis, TX is a great place for affordable rent-to-own homes! With a median household income of over $63,203 and a median rent of $972, the Ennis, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Ennis, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Ennis, TX Property Resources
Rent to own Homes in Cities Near Ennis, TX
- Alma
- Alvarado
- Arlington
- Balch Springs
- Bardwell
- Barry
- Bear Creek Ranch
- Blooming Grove
- Bristol
- Carl's Corner
- Cedar Hill
- Cockrell Hill
- Combine
- Dallas
- DeSoto
- Duncanville
- Emhouse
- Ennis
- Ferris
- Forreston
- Frost
- Garrett
- Glenn Heights
- Grand Prairie
- Grandview
- Hutchins
- Italy
- Lancaster
- Mansfield
- Maypearl
- Mertens
- Midlothian
- Milford
- Oak Leaf
- Ovilla
- Palmer
- Pecan Hill
- Red Oak
- Rice
- Seagoville
- The Homesteads
- Venus
- Waxahachie
- Wilmer
Neighborhoods in Ennis, TX
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Ennis, TX is seeing rapid growth and Ennis, TX's' housing market remains optimal with an average home price that is -38% below the 2024 national average. Ennis, TX is part of Ellis county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Ellis is 1.84% which is above the national average, which is 0.99%.
Median Home Price in Ennis, TX
Median Rent in Ennis, TX
Top 5 Reasons to Live in Ennis, TX
Unique local festivals! Ennis is home to the National Polka Festival. This festival celebrates the Czech heritage of Ennis with a food, dancing, and a parade. The event culminates in the crowning of the Duke and Duchess of Ennis who will reign for the coming year. The Bluebonnet Festival is a big tourist draw for Ennis. The Bluebonnet is the state flower of Texas, and Ennis is the heart of Bluebonnet country. The festival lasts the full month of April with arts and crafts, music, and plenty of kids activities.
Famous trails and wine! Along with the festival, visitors and locals alike can take a drive on the Bluebonnet Trails. The visitor center provides free trail maps and driving directions to witness the bucolic scenes of open land, cattle, and wildflowers. Coupled with a stop at the Sugar Hill Winery, this makes for a pleasant Sunday afternoon drive.
Stable housing market! Home ownership and home rental rates in Ennis are split just about evenly. This means that plenty of people are buying homes or finding rent to own homes in Ennis, with an intention to stay. Downtown Ennis prices are slightly lower than other neighborhoods such as Sonoma.
Fast cars! The Texas Motorplex is located in Ennis. This quarter-mile drag racing complex hosts the annual NHRA O'Reilly Fall Nationals. This track is famous. Pinks: All Out even hosted a contest here one year. The Motorplex also hosts Fast Fridays when street racers can get their chance to run this famous quarter-mile.
Property values are holding their own! Ennis has weathered the financial downturn and property values have been stable, even rising by over 9 percent in the last year. In addition, there are still vacant residential lots available, especially in the West Ennis community area. This is one community that is still looking to grow. There are also several apartment complexes to chose from, including Emerald Gardens Apartments.